
"The Bundestag budget committee has approved a 52 billion ($61 billion) military expenditure package as Germany seeks to rapidly rearm in the face of the security threat posed by Russian aggression. The budget committee is in charge of all large-scale arms purchases, which thus do not need fuller parliamentary approval. The military outlay has been exempted from rules restricting public debt for the next few years as Germany tries to bring its fighting forces back to complete combat readiness following years of underfunding."
"Speaking to media in Berlin, Defense Minister Boris Pistorius said the decision to approve the expenditure put the government and parliament on track to meet ambitious defense commitments. In a statement, his ministry said: "We are sending a signal to the (NATO) alliance and our partners: Germany is leading the way." "We are fulfilling our obligations to the alliance and accepting our responsibility for security and peace in Europe," it stressed."
Germany's Bundestag budget committee approved a €52 billion ($61 billion) military expenditure package to rapidly rearm in response to the security threat from Russian aggression. The committee oversees major arms purchases, allowing the package to bypass fuller parliamentary approval, and the spending has been exempted from public debt limits for several years. Planned purchases include €21 billion for clothing and protective equipment, 200 Puma infantry fighting vehicles worth €4 billion, Arrow-3 missile rockets, and a €1.76 billion Rheinmetall satellite reconnaissance system to support forces stationed in Lithuania. Officials said the move signals Germany's commitment to NATO and European security.
Read at www.dw.com
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